March 15 (Reuters) - Bellatrix Exploration Ltd BXE.TO :
* Bellatrix Exploration Ltd. Announces fourth quarter and year end 2016 financial and operating results
* Qtrly FFO $0.03
* Says total net debt reduced by $321 million in 2016
* Qtrly average daily sales volumes oil equivalent 31,888 boe/d
* Bellatrix exploration ltd - continues to protect its long term strategic plan through an active hedging program
* Says in 2017, Bellatrix plans to expand its drilling efforts across our core west central Alberta Acreage
* Says 2017 guidance table below is unchanged from initial guidance metrics announced January 5, 2017
* Bellatrix Exploration Ltd - Charles Kraus, company's current vice president has been promoted to executive vice president Source text for Eikon: ID:nPn56XZMxa Further company coverage: BXE.TO